India tests US crude oil to cut dependence on Middle East
Indian refiners Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corporation Limited were given a special permission by the shipping ministry to import oil from the United States until March.
Oct 17, 2017, 11:12 AM IST
PM Modi's Jan Dhan Yojna helps villagers cut down on alcohol, tobacco consumption, says SBI report
The SBI report further said that the states with more number of Pradhan Mantri Jan Dhan Accounts have witnessed rural inflation at lower levels.
Oct 16, 2017, 12:03 PM IST
Modi govt renews war on drug trafficking with new policy
With a new national policy, driven by the PMO, set to be put in place soon, the Centre renews its war on drug trafficking.
Oct 15, 2017, 08:25 AM IST
Exports jump 25.67% in Sept; trade deficit narrows to 7-month low
Trade deficit narrowed to 7-month low of USD 8.98 billion in the month under review from USD 9.07 billion in September 2016.
Oct 13, 2017, 18:45 PM IST
Govt must stick to fiscal consolidation, says PM's economic advisory council
The government is considering ways to revive the economy after growth fell to its slowest pace in three years in the three months to June.
Oct 11, 2017, 15:23 PM IST
No respite for banks as bad loans hit record $146 billion
A review of Reserve Bank of India (RBI) data obtained through right-to-information requests shows banks' total stressed loans - including non-performing and restructured or rolled over loans - rose 4.5 percent in the six months to end-June.
Oct 11, 2017, 12:39 PM IST
Economy will bounce back, but what about job creation?
The most concerning factor of the economy, which also has had a similar long-term history, is unemployment.
Oct 11, 2017, 11:24 AM IST
Sensex extends gains; Nifty reclaims 10,000-mark on GST tweak
The NSE index Nifty too edged higher by 24.25 points, or 0.24 percent, to 10,003.95.
Oct 09, 2017, 10:17 AM IST
Kerala: CPI(M) criticises Amit Shah's march
The CPI(M) on Sunday criticised the 'Jan Raksha Yatra' being led by BJP chief Amit Shah over the political killings in Kerala, saying it was aimed at diverting public attention from the "growing discontent" against the Modi government.
Oct 08, 2017, 16:50 PM IST
GST Council decisions provide relief to SME sector: India Inc
India Inc has welcomed the outcome of the GST Council meet.
Oct 06, 2017, 23:05 PM IST
GST Council meet: Big relief for SMEs, exporters; 27 items get cheaper
The GST Council made sweeping changes to give relief to small and medium businesses on filing and payment of taxes, eased rules for exporters and cut tax rates on more than two dozen items.
Oct 06, 2017, 22:38 PM IST
GST: Jaitley announces e-wallet for exporters, relief to SMEs
In a relief to small and medium enterprises, the GST Council has raised the turnover threshold to Rs 1 crore for businesses to avail of the composition scheme that allows them to pay 1-5 per cent tax without going through tedious formalities.
Oct 06, 2017, 20:28 PM IST
GST Council doles out sops for SMEs; composition scheme limit raised to Rs 1 cr
The GST Council discussed issues faced by small traders and requested quarterly filing of returns for small businesses.
Oct 06, 2017, 16:25 PM IST
GST Council meet: Relief package likely for small businesses, exporters
The full fledged meeting of the Goods and Services Tax (GST) Council is also likely to assess the improvements in the GST Network's functioning.
Oct 06, 2017, 08:58 AM IST
Excise duty cut on petrol, diesel adds to fiscal concerns: Nomura
The government announced a reduction in the central excise duty on petrol and diesel by Rs 2 per litre effective October 4, 2017 amid rising international prices.
Oct 04, 2017, 14:12 PM IST
India improving on competitiveness index, but large ailments remain
In a major hopeful boost to the dwindling India growth story, the report stated that among the emerging markets that were seen to have great potential in the early 2000s, Brazil and Turkey have lost much of what they had gained before 2013, while China, India and Indonesia continue to grow strong.
Oct 03, 2017, 11:20 AM IST
GDP growth at 3-year low: Additional measures on the anvil to boost economy, says Jaitley
Jaitley further said this is a proactive government and has been reacting to the situation as when the situation demanded.
Sep 20, 2017, 16:58 PM IST
Crackdown on black money: Over 2 lakh companies deregistered; bank accounts frozen, says government
The statement further said that banks have been asked to employ 'enhanced diligence while dealing with companies' and keep a watch on companies which are defaulting in filing financial statements or annual returns.
Sep 05, 2017, 17:20 PM IST
Short-term note ban costs to outweigh long-term benefits: Raghuram Rajan
In his book titled 'I Do What I Do: On Reforms Rhetoric and Resolve', Rajan, who was the governor between 2013 and 2016, had also warned of what would happen if the preparations for demonetisation were inadequate.
Sep 04, 2017, 16:37 PM IST
Profiles of nine new faces in Modi's council of ministers
PM Modi has inducted nine new faces in his government - here are their profiles
Sep 03, 2017, 20:43 PM IST
